Summary of Borivali East  (Mumbai) Real Estate project on Joint Venture basis:

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Summary of Borivali East  (Mumbai) Real Estate project on Joint Venture basis:

https://intellexcfo.com/uncategorized/summary-of-borivali-east-mumbai-real-estate-project-on-joint-venture-basis/

One of our clients is owning the following land in Borivali East , Mumbai.  They are looking for a reputed Builder from Mumbai who will be interested to become a Joint Venture Partner and execute the project. 

Location Borivali East  2 Minutes walking distance from Borivali Station towards Dahisar side.

Total Area. (FSI)   :  104000 Sq.Ft

Tenants.                 :   20000 Sq.Ft

Balance FSI            :  84000  Sq.Ft

Residential.            :   32000  Sq.Ft

Commercial.           :  52000 Sq.Ft

The ratio in profit is 70:30 after all costs of IOD revalidation, getting CC rent, and construction.

IOD needs revalidation

CC to be availed.

Rent shifting of tenants’ expenses by the builder

Deposit 5 cr

2.5 cr Refundable against OC

2.5 cr Non-Refundable

Property conveyance done

Railway clearance done

Road passing done

37 stories building proposed in IOD

Kindly go through the same and let us know your thoughts. 

Please connect with  Sudheendra Kumar ( Mobile /WhatsApp: 91-9820088394)

LinkedIn:  

https://www.linkedin.com/in/sudheendrag

https://www.linkedin.com/company/intellexcfo-com/

Intellex Strategic Consulting Private Limited,

Intellivest Ventures and Accelerators Private Limited

www.economiclawpractice.com,  www.intellexconsulting.com,  www.startupstreets.com

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